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20121226
20121226
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the preoccupation of the committee and a preoccupation of the foreign policy and those concerned with foreign policy nationwide. why now? partly because this time we lost an ambassador and a great man. but mostly, it's because now benghazi isn't just a loss of diplomats, we have lost some before, but now there is a partisan advantage to be sought by one side or the other . this incident was an important, but is it more important than the north korean nuclear program? is it more important than the other subjects that haven't been the subject of so many hearings of this committee? we have now decided to focus on the politics security in part because we can blame one party or the other. we can blame the state department for not allocating its resources to diplomatic security or blame the republican congress for not appropriating the enough. we should do more for diplomatic security. this department should follow its own procedures, and we have not done so. we would like to believe in the world that is subject somehow to our control, that if we just do the right thing everything will turn out right. thi
are making on the vigor transforming the role of the day so very unfortunate results. you talk about foreign policy as being at least two ideas or and although she's in play and i would be interested -- i keep on thinking that you are a vietnam analogy by and we must stand tough but you wouldn't subscribe to that. >> it's a special representation in the first place which dominates the rest of the book and in vietnam i think you have to take them both together. you cannot be in munich or vietnam. munich is an ethnology that tends to thrive when the country has been in peace and prosperity for long enough it feels it can do anything. it feels it can intervene on behalf of subject and oppressed people around the world and it doesn't think about the cost it hasn't had to pay the cost for several decades now. vietnam is about taking care of one's own the and paying attention to how things can go wrong despite the best of intentions. if he were a total vietnam person you will be such a realist that would be crude you wouldn't have anything on the interest and to the nation requires ideals for the
evaluating the investment landscape in india. obviously we've seen a lot of foreign investors allocate capital into this market. we are looking at the rupee depreciating significantly over the last year. the company dealing with other problems including lack of infrastructure, some policy changes. what is your recent -- i guess your updated outlook on india going forward? >> well, the local market has justice done phenomenally in 2012. up 25%. but it didn't help u.s. dollar investors because the currency fell the same amount. so really everyone kind of broke even even though the market took off this year. i think india is still a market where you want to keep building positions gradually over time. there's been a lot of issues around the government. i think the instakt around the government and people's predicting how long it will take to push back reforms has impacted the market quite a bit. i think one thing under the surface in india and china that all investors need to be aware of is the fact that corporate debt is now really building up to almost unhealthy levels. and i would keep
Search Results 0 to 2 of about 3